Long firm fraud
id:
long-firm-fraud-260-18390722
title:
Long firm fraud
text:
A long firm fraud is a crime that uses a trading company set up for fraudulent purposes; the basic operation is to run the company as an apparently legitimate business by buying goods and paying suppliers promptly to secure a good credit record. Once they are sufficiently well-established, the perpetrators purchase the next round of goods on credit, then decamp with the goods and profits from previous sales. The goods can then be sold elsewhere. The procedure needs a certain amount of money to s
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Long_firm_fraud
date created:
date modified:
2021-01-25T17:18:44Z
main entity:
{"identifier":"Q6673472","url":"https://www.wikidata.org/entity/Q6673472"}
image:
fields total:
13
integrity:
13